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BEIJING (Reuters) - China will struggle to pay billions of yuan in subsidies to clean energy companies, with the shortfall set to quadruple by 2020, a government official said on Wednesday, underscoring the cost of funding the country's ambitious renewables push.
UKReuters via Reuters
2017-10-18 05:15:31
Wednesday, September 27th, 2017      Leave a Comment
OSLO (Reuters) - Weather extremes and air pollution from burning fossil fuels cost the United States $240 billion a year in the past decade, according to a report on Wednesday that urged President Donald Trump to do more to combat climate change.
UKReuters via Reuters
2017-09-27 11:10:41
Tuesday, September 26th, 2017      Leave a Comment
Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in terms of climate change and UK jobs will be enormousIn March I went to see Henrik Poulsen, the boss of Dong Energy, in Copenhagen. Never heard of him or his company? You are not alone, but the chances are he is keeping your lights on
UKGuardian Unlimited via Guardian Unlimited
2017-09-26 04:50:30
Saturday, September 16th, 2017      Leave a Comment
Party raises concerns over nuclear costs as Vince Cable says record low wind power prices should lead to ‘radical reappraisal’New nuclear power stations may not be the best option for keeping Britain’s lights on and meeting the country’s carbon targets, the Liberal Democrats have said.The party said there were legitimate concerns over nuclear’s cost and the risks it would not be delivered on time, just days after windfarms secured state support far more cheaply than the Hinkley Point C atomic power station
UKGuardian Unlimited via Guardian Unlimited
2017-09-16 02:00:05
Thursday, September 14th, 2017      Leave a Comment
The case for new nuclear power stations is fatuous now offshore wind power has come down in cost so much, says Ian Hill. Yes, writes Will Taylor, but don’t forget the potential of tidal energy. Hold on a minute before rejecting nuclear, argue Tim Chittenden and Jim WatertonYour excellent editorial on the reducing cost of offshore wind power (13 September) is timely in identifying the increasingly futile case for new nuclear build
UKGuardian Unlimited via Guardian Unlimited
2017-09-14 11:54:06
Monday, September 11th, 2017      Leave a Comment
Lib Dems and green groups say reduced price of state support should sound death knell for plants such as Hinkley Point CThe government is under pressure to reconsider its commitment to a new generation of nuclear power stations after the cost of offshore wind power reached a record low.Experts said green energy had reached a tipping point in the UK after two windfarms secured a state-backed price for their output that was nearly half the level awarded last year to Britain’s first new nuclear power site in a generation, Hinkley Point C
UKGuardian Unlimited via Guardian Unlimited
2017-09-11 13:02:57
Sunday, September 10th, 2017      Leave a Comment
Analysts predict sea change in energy policy as falling costs for offshore power will charge UK taxpayer at least 10% less than deal handed to new nuclear plantWindfarms around Britain’s coast will beat the planned nuclear power station Hinkley Point on price when the winning bidders for a £290m-a-year pot of government subsidies are announced on Monday, experts predict
UKGuardian Unlimited via Guardian Unlimited
2017-09-10 06:16:29
Monday, September 4th, 2017      Leave a Comment
ARNHEM, The Netherlands (Reuters) - The cost of electric vehicles (EVs) will fall to match those running on combustion engines by 2022, a key trigger that will mean by 2035 half of all passenger vehicles sold globally will be electric, according to the head of a top energy consultancy.
UKReuters via Reuters
2017-09-04 17:02:10
Monday, August 14th, 2017      Leave a Comment
SYDNEY (Reuters) - An Australian state leading a push for renewable energy over fossil fuels is backing a new solar thermal plant costing A$650 million ($512 million) to replace a coal-fired generator.
UKReuters via Reuters
2017-08-14 07:04:27
Monday, July 31st, 2017      Leave a Comment
NEW YORK (Reuters) - Billionaire investor Carl Icahn's multimillion-dollar bet against U.S. biofuel prices is looking increasingly risky in the wake of a Friday court ruling that will likely boost the cost of complying with the program.
UKReuters via Reuters
2017-07-31 15:44:56
Make Your Own Energy! Click Here
Sunday, July 23rd, 2017      Leave a Comment
Tories urged to look at onshore windfarms which can be built as cheaply as gas plants and deliver the same power for half the cost of Hinkley Point, says ArupOnshore windfarms could be built in the UK for the same cost as new gas power stations and would be nearly half as expensive as the Hinkley Point C nuclear plant, according to a leading engineering consultant
UKGuardian Unlimited via Guardian Unlimited
2017-07-23 12:03:35
Wednesday, July 12th, 2017      Leave a Comment
Government’s preferred choice of Oxford economist Dieter Helm is controversial owing to criticism of wind and solar powerAn academic who is a vocal critic of the price of renewable power is the government’s preferred choice to head a review of the financial cost of energy in the UK.Dieter Helm, an economist at the University of Oxford, has been chosen by the Department for Business, Energy and Industrial Strategy (BEIS) to carry out the review, the Guardian has learned
UKGuardian Unlimited via Guardian Unlimited
2017-07-12 12:05:09
Wednesday, July 12th, 2017      Leave a Comment
Selection of Oxford University economist Dieter Helm may be controversial because of his criticism of wind and solar powerAn academic who is a vocal critic of the costs of renewable power has been selected by the government to head a landmark review of the cost of energy in the UK.Dieter Helm, an economist at the University of Oxford, has been chosen by the Department for Business, Industrial and Energy Strategy (BEIS) to carry out the review, the Guardian has learned
UKGuardian Unlimited via Guardian Unlimited
2017-07-12 06:47:05
Wednesday, July 5th, 2017      Leave a Comment
Christopher Jessop on why the UK is still backing nuclear power as others dump it; Andrew Warren on how energy efficiency can save us from the ‘energy gap’; Brian Price on the inaccuracy of a 2007 prediction by the head of EDFYou report (4 July) that the cost of Hinkley C power station has just bumped up £1
UKGuardian Unlimited via Guardian Unlimited
2017-07-05 13:44:36
Tuesday, July 4th, 2017      Leave a Comment
BEIJING (Reuters) - Severe flooding across southern China has forced the world's largest power plant to slash capacity on Tuesday, delayed grain on barges and damaged farms along the Yangtze River, as the death toll rose to 56 and economic costs hit almost $4 billion.
UKReuters via Reuters
2017-07-04 06:13:07